Market Overview
Home Prices in Bayfield, CO
The median home value in Bayfield, CO is $520,894 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.7% compared to a year ago and up 2.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Bayfield are priced27% above average. Bayfield is part of the Durango, CO metro area.
Over the past five years, Bayfield home values have risen by approximately32.3%, reflecting strong long-term appreciation in this market.
Price History
Bayfield Home Price Trend
City Comparison
Bayfield vs. National Median
At $520,894, homes in Bayfield cost 27% above the national median of $410,000. Buyers in Bayfield should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Bayfield?
20% Down Payment
$104,179
on $520,894
Monthly P&I
$2,717/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,451/mo
incl. taxes & insurance
Income Needed
$138,040
gross annual (30% rule)
10% Down Option
$52,089
+ PMI applies
Loan Amount (20% dn)
$416,715
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Bayfield, CO?
The median home value in Bayfield is $520,894 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.7% year-over-year.
How much have home prices changed in Bayfield?
Over the past year, home values in Bayfield have increased by 0.7%. Over five years, prices have risen approximately 32.3%.
How much do I need to earn to buy a home in Bayfield?
To comfortably afford the median home price of $520,894 with a 20% down payment ($104,179) at today's rates (6.8%), you'd need a gross annual income of approximately $138,040. This assumes keeping total housing costs at or below 30% of gross income.
How does Bayfield compare to the national average home price?
The national median home value is approximately $410,000. At $520,894, homes in Bayfield are 27% above the national average.
What metro area is Bayfield part of?
Bayfield is part of the Durango, CO metropolitan area. Home prices and market conditions can vary across the broader metro region.